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* African PP, PE markets slip amid lull in activities and demand
Overall PP and PE market levels slipped amid weakened market activities and
unpromising end-product demand across African markets in July. Buyers were
particularly reluctant to engage in new purchases in North Africa amid a
holiday-shortened month while trading in West and East Africa was subdued,
with players reporting comfortable supply levels...
SE Asia’s local PP, PE markets extend losses as demand weakness persists
Local PP and PE markets in Southeast Asia have been mostly tracking a
downward trajectory since around mid-March in the face of persistently weak
demand...
Lethargic demand drags European PVC markets down in July
PVC opened the month of July with price cuts in response to stagnant demand
and falling ethylene contracts. Most sellers succumbed to the inflationary
pressures that dimmed end product demand, which kept purchasing volumes
below the seasonal pattern...
Demand concerns and falling oil futures keep China PP, PE markets bearish
In China, import and local polyolefin prices have continued to retreat this
week mainly due to weak demand. Lower energy values amid the renewed
COVID-19 restrictions in China, and fears of a global economic slowdown
have also placed extra pressure on already bearish markets...
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African PP, PE markets slip amid lull in activities and demand
Overall PP and PE market levels slipped amid weakened market activities and
unpromising end-product demand across African markets in July. Buyers were
particularly reluctant to engage in new purchases in North Africa amid a
holiday-shortened month while trading in West and East Africa was subdued, with
players reporting comfortable supply levels...
19-07-2022
SE Asia’s local PP, PE markets extend losses as demand weakness persists
Local PP and PE markets in Southeast Asia have been mostly tracking a downward
trajectory since around mid-March in the face of persistently weak demand...
18-07-2022
Lethargic demand drags European PVC markets down in July
PVC opened the month of July with price cuts in response to stagnant demand and
falling ethylene contracts. Most sellers succumbed to the inflationary pressures
that dimmed end product demand, which kept purchasing volumes below the seasonal
pattern...
15-07-2022
Demand concerns and falling oil futures keep China PP, PE markets bearish
In China, import and local polyolefin prices have continued to retreat this week
mainly due to weak demand. Lower energy values amid the renewed COVID-19
restrictions in China, and fears of a global economic slowdown have also placed
extra pressure on already bearish markets...
14-07-2022
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